February 06, 2023 23:45 GMT
(H3) More Stable After January Volatility
JGB TECHS
Fixed Income Technical AnalysisHomepageBond Market Newsmarkets-real-timeBulletMarketsFixed Income News
- RES 3: 151.13 - High Mar 3
- RES 2: 149.75/150.81 - High Nov 11 / High Aug 5
- RES 1: 147.74/148.79 Low Jan 23 / High Nov 16
- PRICE: 146.84 @ 16:32 GMT Feb 6
- SUP 1: 145.13 - 1.0% 10-dma envelope
- SUP 2: 144.15 - Low Jan 13
- SUP 3: 144.10 - 2.0% Lower Bollinger Band
The January rally in JGBs continues to fade, although prices still hold the bulk of the post-BoJ bounce. The rally puts prices well above recent lows, although the overarching downtrend remains intact for now. First resistance sits at 148.79, the Nov 16 high. Vol band support remains below at 144.02 and 143.88 below.
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